Press release
Connected Building Market was valued at USD 99.01 Bn. in 2023 and the market size is estimated USD 204.27 Bn. to grow at a CAGR of 10.9 % over the forecast period for 2030 as per Stellar Market Research.
Stellar Market Research, has published market intelligence and competitive landscape report on the Connected Building Market. Over the forecast period, Stellar Market Research expects the Connected Building Market to grow from USD 99.01 Bn in 2023 and is expected to reach USD 204.27 Bn by 2030, at a CAGR of 10.9 percent.Know More About The Report:https://www.stellarmr.com/report/Connected-Building-Market/686
Connected Building Market Scope:
Market Size in 2023 USD 99.01 Bn.
Market Size in 2030 USD 204.27 Bn.
CAGR 10.9% (2024-2030)
Forecast Period 2024-2030
Base Year 2023
Number of Pages 247
No. of Tables 115
No. of Charts and Figures 100
Segment Covered by Component, and Application
Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, SMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.
Connected Building Market Overview:
The Connected Building Market analyzes and forecasts the market size, in terms of value, for the market. Further, the Connected Building Market is segmented by Component, Application, and Region. The market is gaining momentum as these buildings can reduce operating costs, tenant management, security management, and building performance management. The emergence of 5G technology and the rise in smart city projects are expected to create favorable opportunities for the growth of the Connected Building industry.
For in-depth information on this study, visit the following link:https://www.stellarmr.com/report/req_sample/Connected-Building-Market/686
Connected Building Market Dynamics:
The Connected Building Market is driven by increasing concerns over energy consumption and carbon emissions, pushing for more energy efficient technologies and green building practices. Adoption of IoT-enabled Building Management Systems is rapidly increasing, enhancing building efficiency and tenant connectivity while reducing operational costs. However, cybersecurity challenges and the need for collaboration among standards bodies pose significant barriers to market growth despite the developments in Connected Building technologies.
Connected Building Market Regional Insight:
The Asia Pacific is expected to be the fastest-growing region during the forecast period. The rapid growth can be credited to the region's major economies. The fast modernization and increase in construction activities in APAC have boosted the growth connected buildings market in this region. North America has dominated the Connected Buildings Market with the highest revenue share in 2023. The US and Canada are making major contributions to regional technology development.
Connected Building Market Segmentation:
By Component
Solutions
Building Infrastructure management
Security & Emergency management
Energy management
Services
By Application
Residential
Commercial
Hotel
Healthcare
Retail
Corporate Offices
Others
For in-depth information on this study, visit the following link:https://www.stellarmr.com/report/req_sample/Connected-Building-Market/686
Leading Connected Building Market key industry:
Honeywell International Inc
Siemens AG
ABB Ltd.
Schneider Electric SE
IBM Corporations
Huawei Technologies Co. Ltd
Intel Corporations
Hitachi Ltd
Johnson Controls International PLC
PTC Inc
Cisco Systems
Key questions answered in the Connected Building Market are:
What segments are covered in the Global Connected Building Market report?
Which region is expected to hold the highest share in the Global Connected Building Market?
What is the market size of the Global Connected Building Market?
What is the forecast period for the Global Connected Building Market?
What was the market size of the Global Connected Building Market in 2023?
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis of the Offerings, Vertical, Application and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Stellar Market Research is leading IT & Telecom research firm, has also published the following reports:
IoT Analytics Market size was valued at USD 48.64 Billion in 2023 and the total Market revenue is expected to grow at 29.8% through 2024 to 2030, reaching nearly USD 301.99 Billion.
AI in Asset Management Market size was valued at USD 3.75 billion in 2023 and the market is expected to reach USD 30.67 billion by 2030 with a CAGR of 35% from 2024 to 2030.
Contact Stellar Market Research:
S.no.8, h.no. 4-8 Pl.7/4 Kothrud
Pinnac Memories Fl. No. 3
Kothrud, Pune, Maharashtra, 411029
sales@stellarmr.com
+91 9607365656
About Stellar Market Research:
Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. Firm research on many topics like Healthcare, Pharmaceuticals, Electronics and communications, Chemical and Material, Food and Beverages, Aerospace, and defense, and other sectors. The company provide numerous services i.e. consultancy, Market Intelligence, Syndicate Research etc. to help executives in any organization and consumers achieve their mission-critical goals.
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